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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 29, 2000
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PARTY CITY CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 0-27826 22--3033692
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(State of other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
400 Commons Way, Rockaway, NJ 07866
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(Address of principal executive offices) Zip Code
Registrant's telephone number, including area code: (973) 983-0888
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Item 5. Other Reportable Events
On November 29, 2000, Party City Corporation (the "Company") announced that
it amended and restated its Quarterly Reports on Form 10-Q for the quarters
ended March 31, 1999, January 1, 2000 and April 1, 2000 to give effect to the
audit adjustments recorded for the quarter ended December 31, 1998. The effects
of the adjustments on the Company's previously unaudited consolidated financial
statements were to (1) increase net income and retained earnings by $824,000 for
the quarter ended December 31, 1998, (2) increase net loss by $862,000 and
decrease retained earnings by $30,000 for the quarter ended March 31, 1999 and
(3) decrease net loss for the quarter ended July 3, 1999 by $38,000. There were
no effects on the Company's retained earnings as of July 3, 1999, or on earnings
or retained earnings for any period subsequent to July 3, 1999.
A copy of the press release issued by the Company announcing the SEC
filings is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 7. Financial Statements and Exhibits
99.1 Press release of Party City Corporation, dated November 29, 2000.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PARTY CITY CORPORATION
Dated: November 29, 2000 By: /s/ Thomas E. Larson
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Name: Thomas E. Larson
Title: Chief Financial Officer
